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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Despite a Q2 decline in EV sales and losing U.S. market share to Toyota, General Motors stock maintains a positive analyst outlook with a $96 target price. To address the consumer shift toward hybrid technology, the company plans to reintroduce plug-in hybrids by 2027. Additionally, GM is diversifying its strategy by expanding into the energy storage sector to support the rising demand from AI data centers.